COCO vs Cash Cat

Cash Cat (CASHCAT) is 1085.5× the size of COCO (COCO) by market capitalisation. Over the past 30 days, COCO is ahead by 4.8 percentage points (COCO -31.8% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.15 across 23 shared trading days). Both have run at a similar volatility, around 249% annualised.

Correlation: -0.15
Size ratio: 1 : 1085.5
Ahead over 30 days: COCO

COCOCOCO

$9.150e-5

24h: +6.75%
Market cap: $91,494
Volume 24h: $628
Volatility (ann.): 238%

Cash CatCASHCAT

$0.100548

24h: -8.96%
Market cap: $99.31M
Volume 24h: $9.91M
Volatility (ann.): 261%

COCO 0.1%Share of the two combined market caps99.9% CASHCAT

Performance

COCOCASHCAT

7 days-29.27%+3.53%CASHCAT
30 days-31.83%-36.68%COCO

Correlation

-0.15over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	COCO	CASHCAT
Max drawdown (400d)	-45.7%	-69.6%
Risk-adjusted return (90d)	-0.14	-0.03

Relative strength over 90 days: COCO outperformed CASHCAT by 3.2% — measured on the COCO/CASHCAT ratio, so it holds regardless of market direction.

COCO →Cash Cat →